Capital Bank News Release
P.O. Box 18949 | Raleigh, NC 27619-8949 | Phone 919.645.6400 | capitalbank-nc.com

CONTACT:
Andrew J. Shene
Chief Sales and Marketing Officer
Phone: (919) 645-6429
Email: ashene@capitalbank-nc.com

Capital Bank Honors High School Drama Students

Raleigh, NC – May 10, 2007 - Capital Bank and the North Carolina Theatre will honor over 350 drama students from 14 Triangle area high schools at the Capital Awards on Monday, May 21st. The awards, given to drama departments as well as individual students, are designed to recognize outstanding high school musical productions and performances in 15 categories, including Outstanding Musical, Scene Design, Leading Actor and Leading Actress.  As presenting sponsor of the event, Capital Bank will present the award for Outstanding Ensemble.

“This is an exciting partnership for Capital Bank—the North Carolina Theatre fully supports young people in the arts, and we share that vision as well,” says Grant Yarber, CEO of Capital Bank. “We plan to support the NC Theatre and this nationally successful program for years to come.”

The award ceremony will take place on Monday, May 21st at the Progress Energy Center for the Performing Arts in Raleigh at 7:00 p.m. Triangle area judges, including well-known actor Ira David Woods, judged the 14 participating schools throughout the fall and spring.

“Capital Bank’s commitment to the arts and culture made them a logical choice for the presenting sponsor of this event,“ says Wally Jones, Executive Director, North Carolina Theatre.  “They stand by the mission of the Capital Awards—to celebrate the work of aspiring young performers in our community, to elevate the importance of performing arts educations in our high schools, and to perpetuate the community’s support and passion for the performing arts.”

Capital Bank Corporation, headquartered in Raleigh, N.C., with approximately $1.6 billion in total assets, offers a broad range of financial services. Capital Bank operates 27 banking offices in Asheville (4), Burlington (4), Cary, Graham (2), Hickory, Mebane, Morrisville, Oxford, Pittsboro, Raleigh (5), Sanford (3), Siler City, Wake Forest and Zebulon. The company's website is www.capitalbank-nc.com.